City of Vienna further in debt in 2013

Categories
Finance

The level of debt run up by the Social Democrat controlled Vienna city council is at a record high after increasing by 285 million EUR in the last year to 4.63 billion EUR The statistics show that the city paid 84 percent of its running investment costs from the current budget, but about 16 percent […]

FPÖ in 150,000 Euro spending mystery

Categories
General News

Austria’s far-right Freedom Party (FPÖ) in Carinthia must account for over 150,000 Euros in unexplained spending, says the local court of auditors (RH). The federal court of auditors (LRH) for Carinthia said questions remain unanswered relating to 154,000 Euros in FPÖ party spending. The LRH Carinthia inspected all political parties between March and May last […]

Car expenses outpace food spending

Categories
General News

Austrians are forking out more on their cars than on food, new figures show.Statistik Austria said today (Weds) that 12.1 per cent of an average household’s overall expenditure were invested in foodstuff, while 15 per cent are soaked up by costs affecting cars and motorcycles. With 12.8 per cent, investments on leisure activities are also […]